Consumers tend to think of investment professionals when they think of money management, but there’s more to managing your personal wealth than putting together an investment strategy aligned with your life goals and financial needs.
Now that same-sex marriage is legal everywhere, it is important for couples to take another look at their retirement planning.
You can’t take it with you, but you can make a good plan for leaving your wealth to the right people.
Along with both spouses being able to handle the family’s finances, it’s also important to put together a listing of accounts, insurance policies, health care directives, powers of attorney and wills.
What happens if something happens to you? You’ve done your job only if you’ve put a protection plan in place.
It’s better to come to grips with an eventuality by looking at the basics of estate and life planning.
Being rich and famous doesn’t make you immune to tax and estate planning troubles.
Gay couples who say “I do” in New York and the five other states that have legalized same-sex marriage should also quickly consider retirement planning, because the financial implications of a same-sex partnership are more complex than they are for conventional marriages. Anna Pfaehler, a CFP with Palisades Hudson Financial Group in Scarsdale, N.Y., offers